Nelci owns a business selling fried bananas and donuts, as well as various other sweets and snacks. She started the business with capital provided by her husband, and is now keen to expand and increase her income. To do this Nelci plans to increase the stock in her business, which she hopes will increase her income by enough to help her pay for her children's school fees and living expenses. Nelci is requesting a loan of IDR 4,500,000 from TLM.
About Tanaoba Lais ManekatThis loan is administered by Tanaoba Lais Manekat (TLM). TLM is a microfinance institution that seeks to improve the quality of life of poor communities in the province of Nusa Tenggara Timur in Indonesia. TLM has been operating since 1995 and, in addition to providing microloan and savings services, provides client training on financial management and entrepreneurship.
TLM’s head office is based in Kupang, West Timor, Indonesia. Kupang is the capital city of Nusa Tenggara Timur province in eastern Indonesia. Nusa Tenggara Timur is the province with the least favorable social and economic statistics of all the 33 Indonesian provinces.
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This loan has been fully funded!